It’s an understatement to say that Warren Buffett knows a thing or two about investing. Few CEOs have delivered such high returns as consistently and as long as Buffett.
Though its overall return has actually lagged far behind that S&P 500 This is truly a recent phenomenon in the last decade and a result of the pandemic that has dragged its populations dramatically down. However, for a portfolio valued at over $ 300 billion, this is still an amazing feat worth watching closely.
Below are two stocks owned by Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) that no investor will regret buying and holding on forever.
Pharmaceutical giant AbbVie (NYSE: ABBV) is a battered Buffett stock that dragged the portfolio down. Its stock lost $ 20 billion in market value after the Food and Drug Administration said all Janus Kinase (JAK) inhibitors for sale in the United States must carry a warning label …